KEY ECONOMIC PRINCIPLES I’M ADDRESSING: Institutions are the “rules of the game” that influence choices ; People Respond to Incentives in Predictable Ways
OVERALL RESEARCH QUESTION: How do musical artists make money today? How do government copyright laws and the influence of institutions like record labels & streaming services affect musicians?
SUB QUESTIONS
- How did musical artists generally make money in the past?
- How/why/when did music become mostly digital?
- How do record companies help artists make money?
- Where is the music industry heading in terms of distribution?
RESOURCES FOR RESEARCH:
- DATABASES:
- WEBSITES: https://www.musicindustryhowto.com